Track and analyze inventory management metrics across product categories, focusing on stock levels, turns, and aging to optimize inventory investment while maintaining service levels.
Monitor weekly inventory position and movement across all product categories, identifying potential stockout risks and aging inventory concerns while ensuring optimal working capital utilization through effective inventory management.
Time series analysis of inventory turns and stockout rates to assess operational efficiency
Questions to Consider:
How have inventory turns changed week-over-week?
Are stockout rates within acceptable thresholds?
What is the trend in overall inventory value?
|
Detailed breakdown of current stock levels by product category
Questions to Consider:
Which categories require immediate replenishment?
How do days of supply vary across categories?
Are stock levels aligned with sales forecasts?
|
Analysis of inventory age distribution and potential obsolescence risks
Questions to Consider:
What percentage of inventory is considered aged?
How effectively are we moving older inventory?
Which categories show healthy aging profiles?
|
Analyze slow-moving inventory items for potential promotional activities
Review reorder points and safety stock levels for high-risk categories
Assess supplier lead times impact on stock position
Evaluate storage capacity utilization across locations
Investigate correlation between stockouts and lost sales
Review accuracy of demand forecasting models
Analyze seasonal inventory build-up requirements
Assess working capital tied up in excess inventory